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Lexington, KY Office Spaces for Sale

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158 properties
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Flex Property with Warehouse
Updated: Aug 18
Flex Property with Warehouse

2408 Merchant Street, Lexington, KY 40510

$1,060,000
7,152 sqft 1.00 AC lot
Two‑building flex property on 1 acre
Approximately 6,000 SF warehouse and office facility
Dedicated office building with 3 private offices and conference room
1,363 SF mezzanine located outside the primary building area
17‑foot ceilings in a workshop measuring approximately 38'11" x 57'11"
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Renovated Medical Office Building
Updated: Jun 25
Renovated Medical Office Building

160 Prosperous Place, Lexington, KY 40509

$1,650,000
6,840 sqft 0.57 AC lot
Two‑story medical office building with approx. 6,840 SF plus additional basement area
Completely renovated in 2021 and converted to current medical office use
First floor includes reception/waiting, nurses’ station/lab, 7 exam rooms, and 2 procedure/x‑ray rooms
Second floor has multiple private offices plus a conference room and break room, with additional shell space for expansion or buildout
Full basement is partially finished for office space with storage and overhead door access for records, equipment, or ancillary services
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Renovated Office Building with Reserved Parking
Renovated Office Building with Reserved Parking

250 E Short Street, Lexington, KY 40507

$1,895,000
8,102 sqft 0.12 AC lot

Renovated in 2018 with dedicated on-site reserved parking for tenant and client access, currently fully occupied by three tenants.

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Single-Story Office Building
Single-Story Office Building

1316 Versailles Rd, Lexington, KY 40504

$750,000
3,648 sqft 0.49 AC lot

Flexible commercial layout in an established West Lexington corridor with access to Downtown Lexington and New Circle Road.

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Top-Floor Office Suite Portfolio
Top-Floor Office Suite Portfolio

300 E Main Street, Lexington, KY 40507

$850,000
9,717 sqft

Top-floor office offering with multiple suites and a layout supporting either owner-occupancy or tenant division.

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Brick Mixed-Use Office Property
Brick Mixed-Use Office Property

1618 Harrodsburg Road, Lexington, KY 40504

$575,000
2,800 sqft 0.28 AC lot

Flexible professional layout with private offices, reception space, conference room, and finished basement areas.

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Renovated Creative Office Building
Renovated Creative Office Building

146 E Third Street, Lexington, KY 40508

$1,750,000
6,848 sqft 0.21 AC lot

Historic two-story workspace combines open areas, original finishes, and modern building systems.

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Office Condo with Private Offices
Office Condo with Private Offices

437 Lewis Hargett Circle, Lexington, KY 40503

$950,000
5,096 sqft

Office configuration includes a conference room, kitchenette, and two restrooms.

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Renovated Downtown Mixed-Use Building
Renovated Downtown Mixed-Use Building

161 N Limestone, Lexington, KY 40507

$1,825,000
7,343 sqft 0.05 AC lot

Brick property with an elevator, leased second floor, and flexible third-floor office configuration.

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Multi-Office Building
Multi-Office Building

277 E High Street, Lexington, KY 40507

$3,790,000
12,684 sqft 0.39 AC lot

Professional layout includes private offices, training space, and onsite parking.

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Downtown Mixed-Use Building
Downtown Mixed-Use Building

135 W Main Street, Lexington, KY 40507

$2,950,000
6,741 sqft

Modern upper-level offices sit above a restaurant in a 2017 building with elevator service.

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Medical Office Building with Basement
Medical Office Building with Basement

1830 Versailles Road, Lexington, KY 40504

$700,000
4,890 sqft 0.25 AC lot

Medical office property with a flexible above-grade layout plus additional basement space and central air conditioning.

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Second-Floor Office Condo
Second-Floor Office Condo

80 Codell Drive, Lexington, KY 40509

$250,000
955 sqft

Second-floor office condo offered for sale in Lexington, KY, currently used by a photography business.

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Single-Tenant Medical Office Space
Single-Tenant Medical Office Space

2339 Sterlington Rd, Unit 1, Lexington, KY 40517

$820,000
10,000 sqft

First-floor condominium with key-fob entry, a security system, and four bathrooms.

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Second-Floor Office Condo
Second-Floor Office Condo

80 Codell Drive, Lexington, KY 40509

$159,900
955 sqft

Second-floor office condo at 80 Codell Drive, currently occupied as Lexington Fetal Photography.

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Updated Flex Building with Warehouse
Updated Flex Building with Warehouse

1040 Manchester Street, Lexington, KY 40508

$1,250,000
11,578 sqft 0.80 AC lot

Office, warehouse, and loading functions are combined with coolers, backup power, and access for large truck deliveries.

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Renovated Mixed-Use Building
Renovated Mixed-Use Building

250 E Short Street, Lexington, KY 40507

$1,895,000
8,102 sqft

Downtown asset with hardwood floors, tall ceilings, large windows, and reserved tenant parking.

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Three-Story Professional Office Building
Three-Story Professional Office Building

1020 Monarch Street, Lexington, KY 40513

$2,950,000
22,536 sqft 1.45 AC lot

Well-maintained three-story office with elevator service, ample surface parking, and a fully leased first floor.

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Third-Floor Office Condominium Units
Third-Floor Office Condominium Units

201 W Short St, Units 3 & 3A, Lexington, KY 40507

$785,000
6,357 sqft

Professional suites offer private offices, conference rooms, waiting areas, and support space in an elevator-served building.

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Office Building with On-Site Parking
Office Building with On-Site Parking

2134 Nicholasville Road, Lexington, KY 40503

$3,195,000
19,145 sqft 2.22 AC lot

Established office facility with open parking near UK Healthcare and Baptist Hospital.

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Medical Office with Basement
Medical Office with Basement

1830 Versailles Rd, Lexington, KY 40504

$700,000
4,890 sqft

Former medical office offering multiple offices, exam rooms, reception areas, and basement space for added utility.

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Office Condo with Basement
Office Condo with Basement

513 Darby Creek Road, Lexington, KY 40509

$325,000
2,101 sqft

Office condominium near I75 and I64 with visibility from Man-of-War and access to public sewer.

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Professional Office with Finished Basement
Professional Office with Finished Basement

1618 Harrodsburg Road, Lexington, KY 40504

$575,000
1,980 sqft

Older home conversion with a reception and waiting area, multiple offices, and a finished basement with lab/work areas.

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Office Suite with Private Offices
Office Suite with Private Offices

108 Dennis Drive, Lexington, KY 40503

$359,900
1,242 sqft 0.27 AC lot

Well-appointed office space with private offices, open work areas, and covered patio plus off-street parking.

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Lexington, KY Office Spaces Market Trends and Statistics

Explore 158 office spaces for sale in Lexington, KY, showcased through 158 active listings on our real estate platform. These investment opportunities span a total of 3,786,015 square feet of properties for sale, with an estimated market value of $88,044,700.

Sale prices for office spaces in Lexington, KY start at $99,000, averaging $1,420,075, and reaching up to $15,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Office Units 343
Office buildings 115
Medical Office Space 61
Creative space 11
Coworking space 10

Demographics Overview

Population 322K
Population Growth (5Y) +1.0%
Median Household Income $71,202
College Educated 25.6%

High-Yield Neighborhoods for Investment

Identify Lexington submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
40517 $180K
40511 $243.8K
40509 $466.5K
40503 $476.8K
40510 $530K

Taxes & Financing

Tax Rate (average for all types) 1.22%
Property Tax per SF $11.25 per SF
Tax Rate vs County Average 0.01 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Fayette County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Fayette County

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Property Size Breakdown

The majority of commercial real estate listings in Lexington fall within the 2,500 to 5,000 square foot range.

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